
Ep. 119: Jim Golan: Building A High-Conviction Portfolio For The Long Haul
Investing With IBD
00:00
What Makes a Company Exit From the Portfolio?
We spend a lot of time looking at companies and, you know, it goes back to our turnover 25% a year, we're buying probably six new investments every year. We have a list of companies that potentially could be candidates for the portfolio at some point down the road. The first thing in terms of our cell process, it's valuation. It's everything fully baked into the numbers. And that's probably 60, 70% of our cell candidates in the portfolio is just valuation and it played out well. But typically it's the industry or there's just something that's not clicking with the company. They're not executing well. That existing name that we have less confidence and less conviction
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